Nifty if opens above 10675( crucial ) and trades above this levels with volumes and also if sustains above this level for at least 15 to 20 minutes….. then will move ahead to……10706 ( crucial )level….. Cross over above this level and if sustains above this 10706 level for some times then will go ahead to…..10723 ( crucial ) level….. Iffffffffffff crosses this toooooooooo then will move to 10734 level…….Again a very crucial level…. Well…………… If opens or starts trading below 10675 levels then will slide down to……….10650 /10639 levels….. If breaks this 10650/10639 ( crucial ) levels and sustains below this 10639 level also then will go down to…….10600 level…… If breaks this also……………… and that too with huge volumes and sustains below this for at least 10 minutes then will come down to 10583 level…. If breaks this toooooooooooo then may go to 10526 level…… NOTE :-: It May Be or May Not Be... But We R supposed To see That... Lets See Wh...
PREVIOUS SESSION (5 DECEMBER 2018) In previous session we predicted that the market will open in gap down and exactly same happened. Market opened almost 49 points down at 10820.45. As we mentioned that if market opens or trades below 10868, then market tends to slide down and exactly same happened... Market opened at 10820 and slide down to hit 10798 level . Market was range bound for two hours and was in 10798-10781 level. After that market went straight to 10774 level. Nifty unfolded strongly at that level to hit an intraday low of 10748.05. From 10748 level Nifty again bounced back and almost closed a tad above our level of 10781 at 10782.9. Technical analysis shows a bearish trend of the market and a gap down opening is highly possible tomorrow. NIFTY TOMORROW ( 6 DECEMBER 2018) Nifty if opens or trades above 10793 then it will go to 10802/10825/10838/10846/ 10856 levels. A crossover above 10856 and if Nifty sustains above 10856 for at least 10 minutes with volumes...
Nifty 50 is now at a very crucial support of 10846. If Nifty 50 breaks this level of 10846 and sustains below 10846 for sometime then Nifty 50 will slide down to then will go down 10835/10822/10808 levels. ... Wait and watch... Disclaimer: Investment and trading in index, equity shares has its own risks. This material is for educational information and we are not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise.
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Sat saheb